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Updated almost 6 years ago,

Charles Lee's profile image
Charles Lee's profile image
Charles Lee
  • Investor
  • from Palo Alto, California
  • Member since Apr 12, 2016
Connect

User Stats

12
Posts
2
Votes
Charles Lee's profile image
Charles Lee's profile image
Charles Lee
  • Investor
  • from Palo Alto, California
  • Member since Apr 12, 2016
Connect
Charles Lee
  • Investor
  • Palo Alto, CA
2
Votes |
12
Posts
Multi-Family and Apartment Investing

% fee paid to management company for capital improvement projects

Charles Lee
  • Investor
  • Palo Alto, CA
Posted

Hi Folks, 

I met up with several management companies to help manage a multifamily (70 units) in Texas. Want to find out what is a reasonable %fee paid to management companies for capital improvement projects. I have gotten quotes for 2-3% but one company that I really like came in at 6%, which sounds high to me.  Thank you! 

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